Computation (noun)

1. The process of calculating or determining something, especially by mathematical or logical methods.
2. A result of a calculation or computation.

Origin:

Late 16th century: from latin computatio(n-), from the verb computare (see compute).

Examples:

1. The computation of the interest on the loan took several hours.
2. This is one of the largest computations ever carried out on a computer.
3. Computation is central to many fields including science, engineering, and economics.
4. The result of the computation was a statistical analysis of the data set.
5. The computer can perform millions of computations per second.